COIN - Key Support Zone Under Watch, Recovery Ahead?Coinbase Global, Inc. Class ABATS:COINRayannsrCOINBASE remains overall bullish, continuing to move inside the brown ascending broadening wedge that has been shaping the broader trend. Price is now approaching an important technical area where a strong support and demand zone aligns with the lower boundary of the structure, creating a high confluence region worth monitoring. ⭕As long as this area remains respected, lower timeframes may provide opportunities to look for buy setups in anticipation of the next bullish leg within the broader trend. At the same time, we should take into consideration the presence of a developing bullish divergence, which appears more clearly on the daily timeframe and may act as an early indication that bearish momentum is starting to weaken. ⭕However, if price breaks below the current support area, the focus shifts toward the lower monthly demand zone shown in green, where another reaction may develop. The reaction here may reveal whether the current move is only a correction within the broader bullish structure, or if a larger pullback is starting to unfold. ⚠️Disclaimer: This analysis reflects my personal market view and is not financial advice. Rayan Nasser #COIN #Coinbase #Stocks #TechnicalAnalysis #PriceAction #Trading #MarketStructure